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Freeman Cebu Business

Mandani Bay offers ‘ready-made’ condos

Ehda M. Dagooc - The Freeman

CEBU, Philippines — The 20-hectare seaside township development Mandani Bay builds fully-furnished residential condominiums to keep up with the rising demand for “ready-made” and sophisticated residential condos in Cebu.

Mandani Bay development company HTLand, Inc., launched its 36-storey residential tower called Mandani Bay Quay, to complete its phase 2 component.

HTLand, Inc., project director Gilbert Ang said in a press conference that 90 percent of the residential units of the tower 3 are fully-furnished, as it noted the increasing number of buyers demanding for hassle-free unit ownership. Meaning, owners don’t have to buy basic furnishings like television, refrigerator, washing machine, beds, dining and sala sets, air-conditioning, among others, after unit turn over.

While the units are fully furnished, Ang said they still allow for personalization and provide buyers with more room for flexibility to customize their own space, Mandani Bay Quay Tower 3 also offers semi-furnished units for two-bedroom and up.

Ang admitted that the market has slowly shifted to middle-higher end preference, even with at least P300 thousand more cost for a unit, it does not matter, as long as buyers do not have to worry for furnishings.

“With Mandani Bay Quay Tower 4, we hope to continue our legacy of transforming Cebu into a world-class lifestyle destination by giving our residents a taste of elevated urban living the Mandani Bay way,” said Jeffrey Lun, HTLand Project Advisor.

The Mandani Bay Quay Tower 4 will be launched on November 27, 2019 simultaneous with the Mandani Bay Thanksgiving Concert world-class singer Gary Valenciano, with special performance by Jona.

 Mandani Bay is a 20-hectare township developed by HongKong Land and Gaisano-led Taft Properties at the North Reclamation Area in Mandaue City.

HongKong Land is a listed leading property investment, management and develop group, which also has a number of mixed-use projects under development in cities across Greater China and Southeast Asia, including a luxury retail center at Wangfujing in Beijing.

Taft Properties on the other hand, shares the strength and stability of Metro Gaisano retail chain, its sister company, both of which form part of VICSAL Development Corporation.

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